Are you money savvy?

[thelongestmile]

If you've got good enough credit to get a low rate (~2% or lower), there's nothing wrong with financing. The financing costs are negligible, and I'd rather have $40k+ cash on hand for other, higher-yield investments rather than tying it up in a depreciating asset.

 

[oliviamoon]

That's an interesting topic

 

[2021nightshade4x4]

That's an interesting topic

Let’s bump this and see where it goes, post pandemic


Sent from my iPhone using Tapatalk

 

[Adesanja]

you can still make money online. just depends on what your expectations are. can you still make $500 - $1000/mo? sure. is it easy? moderately. Can you make $100,000/mo online? sure. is it easy? no, but it's doable. When you start a new online store I strongly recommend to build it on dependable things. That will save you tons of money.

Any ideas how to do that? :bathbaby:

 

[shoong]

Any ideas how to do that? :bathbaby:

sell something on amazon
go to estate sales and flip items online
coding
ui/ux work
notary

list goes on. what are your skills, what are your interest, what is your tolerance level on losing money, what is your tolerance if your business takes off? can you scale quick enough? etc etc. There isn't a blueprint for one person that says "go to do this and you'll be guaranteed this much money". everyone's lives are different, people are good at different thing, you just need to figure out what suits you and go do it.

 

[loveis]

you can still make money online. just depends on what your expectations are. can you still make $500 - $1000/mo? sure. is it easy? moderately. Can you make $100,000/mo online? sure. is it easy? no, but it's doable.

I've always been a money-savvy person. One of my biggest goals in life is to constantly maintain a healthy financial standing through proper planning and budgeting, which I try to do every day.

 

[Theratk1ng]

No

Nope nope nope

 

[MelodyRad]

I don't know how to spend money on non necessities. That has helped me greatly.